It is rumored that former President George W. Bush's daughter Jenna is the likely replacement for Gifford.
NBC News made the surprise announcement on Tuesday that Kathie Lee Gifford is leaving the “Today” show, where she has been the longtime host of the final hour of the Peacock Network's flagship morning program for more than a decade.
"Kathie Lee is generously staying with us through the show's next anniversary, April 7, 2019," NBC News president Noah Oppenheim said in a memo to staffers obtained by Fox News. "We will have much more to share before then about our plans for that hour, which will, of course, continue to include Hoda."
The embattled Oppenheim – who has been mired in crisis after crisis at the beleaguered network – wrote that he has “mixed emotions” over the 65-year-old's departure.
“As we all know, Kathie Lee’s plate has been overflowing lately with film, music and book projects, and after giving us 11 extraordinary years, she’s decided to focus her attention full time on those other creative endeavors,” Oppenheim said.